Each individual entry is a single program reported by a single jurisdiction in a given fiscal year. Because we want to track the level and quality of disclosure as well as the content, the values below -- with the exception of program names -- are entered exactly as they are reported. See our user guide for more explanations.
State: | Iowa |
Effected Jurisdiction: | Polk County |
Jurisdiction type: | County |
Fiscal year ending In: | 2022 |
Program name: | Passive Tax Abatement: Urban renewal and economic development projects of other entities |
Program purpose: | General Economic Development |
Statutory authority: | Chapters 15A and 403 of the Code of Iowa |
Abating jurisdiction(s): | City of Des Moines; City of Bondurant; City of Ankeny; City of Grimes; City of Granger; City of Altoona; City of Pleasant Hill ; City of Johnston; City of Clive; City of Urbandale; City of West Des Moines; City of Polk City; City of Norwalk; City of Carlisle; City of Ankeny; City of Altoona |
Applicable taxes: | Property Tax |
Method of abatement: | Tax Abatement |
Provisions for recapture: | (not specified) |
Gross revenue loss: | $12,022,378 |
Reimbursement / offset: | $0 |
Net revenue loss: | $12,022,378 |
Type of loss: | Passive |
Additional notes on dislosure: | (none) |
Document source: | https://www.polkcountyiowa.gov/media/qullaish/22acfr-reportgfoa.pdf |